A great savings rate with easy access to your cash!
The Basset & Gold Cash Bond is exactly what its name suggests: an alternative method of saving your cash that pays you an attractive annual interest rate in equal bi-annual payments. The Cash Bond is an ideal way to get to know Basset & Gold and the world of online lending, or to "park" funds with quick and easy access at an attractive rate.
100% Liquidity – The bondholder has the right to request that the Cash Bond be repaid at any time with 30 business days’ notice.
Investment Amount – The minimum investment is £1,000 and the maximum is £500,000.
Annual Interest – 3.14% p.a. paid bi-annually. The interest rate will remain the same until the end of the bond’s term.
Interest Payments – Interest on our Cash Bond is paid every six months from the date of issue directly into your bank account.
No Fees – You are not charged any fees or charges.
Illiquid investment - Your capital is tied up for the full term of investment. Early redemption is not allowed except in the case of terminal illness or at the board’s discretion.
No secondary market - As the bonds are non-transferable, there is no secondary market for investors to sell their bonds.
Key entities - The promoter is B&G Finance Ltd, which is
responsible to you as an investor for the accuracy of the information you
receive about the product and for assessing the product’s appropriateness for
you in light of your knowledge and understanding. Bonds are issued by B&G
Finance Ltd’s sister company, Basset & Gold Plc.
The Pensioner Bonds were designed for...
Who is this bond for
There are many people from all over the UK who are looking to get smarter about their savings but aren’t sure where to start - this type of bond is a great first step. The 30-Day Easy Access Cash Bond is ideal for investors who do not want to commit to a long-term investment but also want to be able to withdraw their money as needed. It is ideal for those investors who are looking to earn more from their short-term excess cash.
Investors are advised to note the Risk Warning below as well as to review the comprehensive risk and tax information within the bond Invitation Document available to eligible investors. If you are in doubt as to whether this investment is suitable for you, please consult an independent financial advisor.
Our Cash Bond pays annual interest at a fixed rate of 3.14%. Interest is paid in equal bi-annual payments directly into the investor’s bank account. While we believe this is already a very attractive return on your invested capital, there is the added benefit of being able to access your capital with just 30 business days' notice. We believe that this type of bond provides investors with a flexible investment that achieves significant returns whilst also offering continuous access to capital in case of need.
- Fixed rate of 3.14% p.a.
- Minimum investment is £1,000
- Maximum investment is £500,000
- Interest payments – 2 per annum
- £5,000 invested would give you an income of £78.50 every 6 months which is equivalent to £785 after 5 years, should you wish to leave your money invested for the full term
- £25,000 would give you £392.50 every 6 months equivalent to £3,925 after 5 years
- £50,000 would give you £785 every 6 months equivalent to £7,850 after 5 years.
Projections are for illustrative purpose only